Boeing reports a large second quarter loss

Boeing released this second quarter statement: Financial results continue to be significantly impacted by COVID-19 and the 737 MAX grounding Revenue of $11.8 billion, GAAP loss per share of ($4.20) and core... Read more »

Here Is How Transport Canada Will Test Fly The Boeing 737 MAX

Yesterday, we wrote about Transport Canada’s plans to conduct its own flight testing of the 737 MAX. Since then, additional information has come out, with a few updates to what we had... Read more »

Boeing CEO updates employees on quarterly results and market realities

Boeing President and CEO Dave Calhoun issued the following letter to employees today addressing aerospace market realities: Team, These past few months have been unlike anything we’ve seen. The pandemic’s effect on... Read more »

Boeing Did Not Alert FAA On 737 MAX Design Changes?

An Inspector General (IG) report from the United States Department of Transportation (DOT) on the 737 MAX has finally been completed. It is slated for public release on July 1st. However, initial... Read more »

Boeing reports a first quarter loss of $1.3 billion, CEO issues a letter to employees

Boeing made this announcement: The Boeing Company reported first quarter revenue of $16.9 billion, GAAP loss per share of ($1.11) and core loss per share (non-GAAP)* of ($1.70), primarily reflecting the impacts of... Read more »

US Inspector General Report Finds Faults At Boeing And The FAA Over 737 MAX Debacle

A Department of Transportation (DOT) Inspector General (IG) report released on July 1st has thoroughly recounted the entire 737 MAX saga. One of the key findings in the report was that errors... Read more »

Three Boeing Dreamlifters transport PPE to South Carolina for COVID-19 recovery efforts

Boeing on May 11 completed another set of COVID-19 airlift missions, deploying three Dreamlifter aircraft to transport more than 150,000 protective eye goggles and face shields from China to the United States.... Read more »

Boeing 737 MAX’s Recertification Flights End After Just 10 Hours

The Boeing 737 MAX has completed its test flights under the supervision of the Federal Aviation Administration (FAA) and Boeing. A 737 MAX 7 aircraft, the smaller brother of the MAX 8... Read more »